By Klaus Lauer and Holger Hansen BERLIN (Reuters) -Five leading German economic institutes have nudged their 2025 growth forecast for Europe's largest economy up to 0.2% and predicted further rises of
German Economic Institutes Raise 2025 Growth Forecast to 0.2%
Revised Economic Growth Forecast for Germany
By Klaus Lauer and Holger Hansen
Previous Forecasts and Changes
BERLIN (Reuters) -Five leading German economic institutes have nudged their 2025 growth forecast for Europe's largest economy up to 0.2% and predicted further rises of 1.3% next year and 1.4% in 2027, sources familiar with the matter told Reuters on Tuesday.
Impact of Tariffs on Growth
The institutes had predicted 0.1% growth this year and 1.3% next year in their previous April forecast, in which they had not yet given an indication for 2027.
Government's Economic Predictions
Those prior forecasts had factored in initial U.S. tariffs on steel, aluminium and cars, but not the 15% tariff on other goods.
Export-dependent Germany is the only G7 economy that has contracted for the last two years and U.S. President Donald Trump's tariffs will deal a major blow to Europe's biggest economy.
The economy ministry incorporates the combined estimates from the institutes into its own predictions.
The last government forecasts, published in April, foresee stagnation for this year and 1.0% growth for 2026.
(Reporting by Klaus Lauer and Holger Hansen, Writing by Miranda Murray, Editing by Rachel More)
